East Kalimantan find exceeds 1.4 tcf of gas

By OGJ editors HOUSTON, Dec. 16 – Three wells drilled off Indonesia’s East Kalimantan confirm more than 1.4 tcf of gas in place in Jangkrik field on the Muara Bakau permit, said operator Eni SPA.

Jangkrik-3, in 416 m of water 70 km off eastern Borneo, went to 2,849 m and encountered more than 60 m of net gas pay in excellent quality reservoir Pliocene sands. Further exploration is planned nearby in 2011, Eni said.

Permit interests are Eni 55% and GDF Suez 45%. The joint venture is studying fast-track development through the Bontang LNG plant, where Eni owns spare capacity.

Eni operates six of the 12 permits in which it has working interests in East Kalimantan. Coalbed methane from the newly awarded Sanga Sanga CBM production sharing contract, if successful, could be liquefied at Bontang. That VICO CBM Ltd. joint venture is operated by Eni 50%, and BP PLC owns the other 50%.